How Board Members Can Learn to Spot the Red Flags
This 2015 piece by Propel Nonprofits‘ Kate Barr sets up a series of articles about how nonprofits can address potential problems while they’re still small enough to squash.
Rather than expecting board members to instantly recognize a problem in the making, let’s encourage boards to learn to ask the questions that will lead them there. One month with a deficit isn’t a red flag. But questions must be asked when a board sees financial reports with unfavorable variances and deficits at meeting after meeting.
